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    Property profile & analytics

    2848 Jefferson Davis Hwy Sanford, NC 27332-7111

    • Investment properties
    • 1,040 SF
    • 0.92 lot acres
    OFF-MARKET
    Value Estimation
    $340,000
    Location Intelligence
    Property ID
    US53-2564417
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Tramway Barber & Stylist / Barber Shop

    Property Details for 2848 Jefferson Davis Hwy

    Year built
    1963
    Construction
    FRAME
    Lot size
    0.92 lot acres
    Property size
    1,040 SF
    Zone code
    HIGHWAY COMMERCIAL
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    9630-28-3401-00
    APU
    963028340100

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $300,000

    • CAP approach

      CAP return
      Estimation
      6%
      $445,000
      6.5%
      $450,000
      7%
      $430,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $485,000
      Geo Method
      $435,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $485,000
      Retail
      $540,000
      Mixed-Use
      $430,000
      Hospitality
      $405,000
      Educational
      $410,000
      Residential Income
      $410,000
      Energy
      $460,000
      Income-Based Land
      $520,000
      Food Service
      $455,000

    Location Insight

    • Map
    • Local Demand
    City
    Sanford
    County
    Lee
    State
    North Carolina
    Longitude
    -79.2272
    Latitude
    35.4215
    CBSA code
    41820
    CBSA name
    SANFORD, NC MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,959
    $144,300
    $125,200
    $269,500
    -
    $144,300
    $125,200
    $269,500

    Comparable in this City

    • Value Estimation by Request
      1,064 SF

      514 Bruce Coggins Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 1,064 SF
      514 Bruce Coggins Rd, Sanford, NC 27332-9115
      View Details
    • Value Estimation
      $380,000
      1,560 SF

      2606-2608 Lemon Spgs Rd, Unit 2608

      OFFICE/RESIDENTIAL (MIXED USE) • 1,560 SF
      2606-2608 Lemon Spgs Rd, Sanford, NC 27332-9149
      View Details
    • Value Estimation
      $165,000
      2,233 SF

      2003 Broadway Rd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,233 SF
      2003 Broadway Rd, Sanford, NC 27332-9797
      View Details
    • Value Estimation
      $360,000
      5,214 SF

      2505 Dalrymple St

      OFFICE/RESIDENTIAL (MIXED USE) • 5,214 SF
      2505 Dalrymple St, Sanford, NC 27332-6101
      View Details
    • Value Estimation by Request
      674 SF

      904-908 Broadway Rd, Unit 908

      OFFICE/RESIDENTIAL (MIXED USE) • 674 SF
      904-908 Broadway Rd, Sanford, NC 27332-9790
      View Details
    • Value Estimation
      $180,000
      1,296 SF

      3100-3104 Jefferson Davis Hwy

      OFFICE/RESIDENTIAL (MIXED USE) • 1,296 SF
      3100-3104 Jefferson Davis Hwy, Sanford, NC 27332
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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    Similar Nearby for Lease

    • $526,980
      17,566 SF

      Former Acura Dealership For Lease

      Equipped automotive center with lifts, alignment machine, and tire equipment.
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    • Contact for pricing
      73,198 SF

      Sanford Industrial Manufacturing Facility

      73,198 SF manufacturing facility available for lease in Sanford.
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      View Details
    • $12 SF/Yr
      20,880 SF

      Sanford Industrial Space with Yard

      Industrial space with laydown yard available for lease.
      3030 Lee Ave, Sanford, NC 27332
      View Details
    • $7 SF/Yr
      52,500 SF

      Sanford Industrial Building For Lease

      52,500 SF industrial building suitable for manufacturing or distribution.
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      View Details
    • New
      $18,000 /Mo
      1,000 SF

      Sanford Retail Space For Rent

      1,000 sq ft retail space near Walmart and Hwy 87.
      352 Wilson Rd, Sanford, NC 27332
      View Details
    • $10 SF/Yr
      6,000 SF

      Modern Flex Space for Lease

      Versatile Industrial Units, Prime Location
      413 Cox Maddox Rd, Sanford, NC 27332
      View Details
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    Sanford, NC 27332-7111
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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